Market Watch

Yesterday: 89 pips
This week: 591 pips
This month: 3603 pips

CADCHF (Feb) – Monthly MACD is slowing down from the zero line and STOC is going down from the overbought area after a cross, so it’s is a chance to sell this pair – We are now holding temporary covered long positions at (4) 0.74962 and (1) 0.75406 and (5) 0.75301 and (2) 0.74868 and (3) 0.74425 and (6) 0.74114.

NZDCAD (Feb) – Monthly MACD is slowing down after passing the zero line and STOC is already out of the oversold area after a crossover, so this is a chance to buy it – We are now holding temporary short positions at (1) 0.90480 and (4) 0.88966 and (2) 0.90634 and (3) 0.90890 and (5) 0.90420.

NZDCHF (Feb) – The monthly MACD continues lingering right under the zero line while STOC is making a crossover at the oversold level, so this is a chance to buy it – On 2/14 we closed some of our positions and took a profit of 89 pips. We are now holding long positions at (4) 0.68268 and (1) 0.68058.

USDJPY (Feb) – Monthly MACD continues to go sideway at the zero line and STOC is going down after a cross, so it is a chance to sell this pair – We are now holding temporary long positions at (4) 108.507 and (1) 107.567 and (5) 106.719.

(Charts: Forex Trader)

Disclaimer: This is a personal analysis, not an actual advice, therefore we will not accept any liability for any loss and damage which may arise directly or indirectly from the content of these and future articles.